2022-05-16T08:31:53-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE SUITE 400 PLYMOUTH MEETING PA 19462 990 2020-07-01 475257423 KIPP WEST PHILADELPHIA CHARTER SCHOOL KIPP 2152948596 5070 PARKSIDE AVENUE PHILADELPHIA PA 19131 CHESHONNA MILES SCHOOL LEADER 2152948596 2022-05-13 1 CHESHONNA MILES 999009999 DAVID M SEKERAK P01395497 2156433900 2022-05-13 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z CHESHONNA MILES 5070 PARKSIDE AVENUE PHILADELPHIA PA 19131 14153483 0 X WWW.KIPPPHILADELPHIA.ORG X 2016 PA A PUBLIC SCHOOL SERVING STUDENTS IN GRADES K THROUGH 8. 9 9 131 9 0 0 765993 1568248 5444108 12473974 1 -5473 0 86687 6210102 14123436 0 0 0 0 3522950 6586495 0 0 0 2822110 5262625 6345060 11849120 -134958 2274316 3016409 7642671 3555200 8633893 -538791 -991222 X TOGETHER WITH FAMILIES AND COMMUNITIES, WE CREATE JOYFUL, ACADEMICALLY EXCELLENT SCHOOLS THAT PREPARE STUDENTS WITH THE SKILLS AND CONFIDENCE THEY NEED TO PURSUE THE PATHS THEY CHOOSE-COLLEGE, CAREER, AND BEYOND-SO THEY CAN LEAD FULFILLING LIVES AND BUILD A MORE JUST WORLD. 1 0 7962722 0 12473974 A PUBLIC SCHOOL SERVING GRADES K-8. WE SERVE 860 STUDENTS THROUGHOUT PHILADELPHIA. WE PROVIDED THE CRITICAL RESOURCES NEEDED TO ENSURE THE SEAMLESS TRANSITION BACK TO IN-PERSON LEARNING AFTER VIRTUAL LEARNING DURING FY19-20 DUE TO THE GLOBAL PANDEMIC. WE CONSISTENTLY PROVIDED THE CRITICAL RESOURCES NEEDED TO SUPPORT THE SOCIAL-EMOTIONAL HEALTH OF OUR STUDENTS, FAMILIES, ALUMNI, AND STAFF. 7962722 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 131 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 2152948596 5070 PARKSIDE AVENUE PHILADELPHIA PA 19131 SAMANTHA WILSON-JONES CHAIR 0.25 1.00 X X 0 0 0 ANN AERTS VICE CHAIR 0.25 1.00 X X 0 0 0 HERSCHEL RICHMAN SECRETARY 0.25 1.00 X X 0 0 0 DAVID REUTER TREASURER 0.25 1.00 X X 0 0 0 TOYA ALGARIN MEMBER 0.25 1.00 X 0 0 0 MELANIE CARTER MEMBER 0.25 1.00 X 0 0 0 CHRIS JOHNSON MEMBER 0.25 1.00 X 0 0 0 AMANDA KEYS MEMBER 0.25 1.00 X 0 0 0 GAIL LEWIS MEMBER 0.25 1.00 X 0 0 0 MARIEL ZIEGLER SCHOOL LEADER 50.00 0.00 X 123867 0 29806 CHESHONNA MILES SCHOOL LEADER 50.00 0.00 X 164462 0 22138 PATRICE GREEN DIRECTOR OF OPERATIONS 50.00 0.00 X 113497 0 12113 CHRYSYN HARP MIDDLE SCHOOL MUSIC TEACHER 50.00 0.00 X 107335 0 16921 DAMON WILLIAMS MIDDLE SCHOOL SOCIAL STUDIES TEACHER 50.00 0.00 X 104567 0 12486 ELIZABETH HEMMINGER MATH TEACHER 50.00 0.00 X 101792 0 12740 715520 0 106204 6 0 1 0 KIPP ADMINISTRATIVE SERVICES CORP 5070 PARKSIDE AVE PHILADELPHIA PA 19131 SHARED SERVICES 1486197 ACS INTERNATIONAL RESOURCES INC PO BOX 579 CHADDS FORD PA 19317 IT SERVICES 520567 NYMAN ASSOCIATES INC 220 COMMERCE DRIVE SUITE 205 FORT WASHINGTON PA 19034 SPECIAL EDUCATION SERVICES 178791 TEAM CLEAN 4747 SOUTH BROAD STREET BLDG 1010 PHILADELPHIA PA 19112 OUTSOURCED FACILITY AND MAINTENANCE 113710 LINTON MANAGED SERVICES 4 SENTRY PKWY EAST BLUE BELL PA 19422 OUTSOURCED FOOD SERVICES 110619 7 37648 1530600 1568248 LOCAL SOURCES 611110 12384974 12384974 FOOD SERVICE 611110 65899 65899 ERATE 611110 22788 22788 STUDENT ACTIVITIES 611110 313 313 12473974 36 36 24538 30047 -5509 -5509 -5509 RECOVERY OF LEGAL EXPENSES 900099 86687 86687 86687 14123436 12473974 0 81214 363479 363479 5401153 3799437 1601716 -409831 -457110 47279 762300 674831 87469 469394 335090 134304 1486197 1486197 20353 20353 50079 50079 721212 707032 14180 85657 17171 68486 1036663 1036663 54992 12662 42330 47596 47596 5402 5402 583023 583023 122270 30386 91884 BOOKS AND SUPPLIES 491043 435563 55480 EQUIPMENT 358900 220058 138842 FOOD SERVICES 110619 110619 LICENSE FEE 60000 60000 28619 25869 2750 11849120 7962722 3886398 0 X 37075 2787203 5105 180588 220322 782244 2983 7683 14682 23168 52012 34769 5294715 1644721 2645704 3649994 38526 177022 3016409 7642671 471757 1499128 483 2281468 2625690 801975 4508592 3555200 8633893 X -538791 -991222 -538791 -991222 3016409 7642671 X 2274316 -2726747 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3225256 699206 2526050 1709839 813438 896401 359620 132077 227543 3649994 CAPITAL LEASE OBLIGATION 251965 DUE TO RELATED PARTIES 1490627 NET PENSION LIABILITY 1625000 NET OPEB LIABILITY 71000 DEFERRED INFLOWS FROM PENSION 1002000 DEFERRED INFLOWS FROM OPEB 68000 4508592 X 14042258 0 14042258 81178 81178 14123436 11767942 -81178 -81178 11849120 0 11849120 PART X, LINE 2: THE SCHOOL ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN WHICH TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2020, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THE SCHOOL HAD NO INTEREST OR PENALTIES RELATED TO INCOME TAXES. THE SCHOOL FILES AN INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECOVERY OF LEGAL EXPENSES 86,687. LOSS ON TRADE IN OF CAPITAL EQUIPMENT -5,509. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECOVERY OF LEGAL EXPENSES -86,687. LOSS ON TRADE IN OF CAPITAL EQUIPMENT 5,509. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NON-DISCRIMINATION POLICY IS PUBLISHED ON THE KIPP PHILADELPHIA WEBSITE, WWW.KIPPPHILADELPHIA.ORG. SCHEDULE E, PART I, LINE 6 AS A PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVED ASSISTANCE FROM THE PENNSYLVANIA DEPARTMENT OF EDUCATION AND THE SCHOOL DISTRICT OF PHILADELPHIA DURING THE TAX YEAR. X X X X 0 0 0 0 0 0 0 0 0 CHESHONNA MILES SCHOOL LEADER 164462 0 0 0 0 0 5087 0 17051 0 186600 0 0 0 MARIEL ZIEGLER SCHOOL LEADER 123867 0 0 0 0 0 6193 0 23613 0 153673 0 0 0 FORM 990, PART III, LINE 2 EFFECTIVE JULY 1, 2020, KIPP WEST PHILADELPHIA PREPARATORY CHARTER SCHOOL MERGED WITH KIPP WEST PHILADELPHIA CHARTER SCHOOL. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD OFFICERS AND COMMITTEE CHAIRS. THE EXECUTIVE COMMITTEE SHALL HAVE THE FULL AUTHORITY OF THE BOARD OF DIRECTORS BETWEEN MEETINGS, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE POWER (A) TO AUTHORIZE DISTRIBUTIONS, (B) TO APPROVE OR RECOMMEND THE DISSOLUTION, MERGER, SALE, PLEDGE OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS, (C) TO ELECT, APPOINT, OR REMOVE TRUSTEES OR FILL VACANCIES ON THE BOARD OF TRUSTEES OR ON A COMMITTEE, (D) TO ADOPT, AMEND, OR REPEAL THE ARTICLES OF INCORPORATION OR THE BYLAWS, OR (E) TO EXERCISE OTHER POWERS SPECIFICALLY DENIED THE COMMITTEE BY RESOLUTION OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE, THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO EVERY REPRESENTATIVE OF THE ORGANIZATION, INCLUDING, BUT NOT LIMITED TO, THE TRUSTEES AND OFFICERS. IN THE EVENT THAT A POTENTIAL CONFLICT OF INTEREST DOES ARISE INVOLVING AN OFFICER OR TRUSTEE, ITS NATURE AND EXTENT SHOULD BE FULLY DISCLOSED IMMEDIATELY TO THE BOARD CHAIR, WHO, AFTER MAKING A THOROUGH REVIEW OF THE CIRCUMSTANCES, WILL REPORT TO THE BOARD OF TRUSTEES, WHO WILL DETERMINE APPROPRIATE ACTION TO BE TAKEN. ALL BOARD MEMBERS AND KEY EMPLOYEES ARE REQUIRED TO FILE AN ANNUAL STATEMENT OF FINANCIAL INTERESTS. FORM 990, PART VI, SECTION B, LINE 15A THE FINANCE COMMITTEE ANNUALLY REVIEWS THE PERFORMANCE OF THE SCHOOL LEADER BASED ON EVALUATION OF GOALS AND OBJECTIVES. BASED ON SUCH EVALUATION, THE FINANCE COMMITTEE SUBMITS THE RECOMMENDED COMPENSATION TO THE EXECUTIVE COMMITTEE FOR REVIEW THEN TO THE BOARD FOR FINAL APPROVAL. ADDITIONALLY, THE FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE CAREFULLY EVALUATE COMPETITIVE INFORMATION FOR SIMILARLY QUALIFIED INDIVIDUALS IN COMPARABLE POSITIONS AT LIKE SIZED AND SITUATED ORGANIZATIONS. THIS REVIEW PROCESS AS WELL AS THE FINAL DETERMINATIONS ARE TIMELY DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 15B: NO OTHER COMPENSATED INDIVIDUAL MEETS THE INTERNAL REVENUE SERVICE DEFINITION OF OFFICER OR KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PART X, LINE 8: EFFECTIVE JULY 1, 2020, KIPP WEST PHILADELPHIA PREPARATORY CHARTER SCHOOL MERGED WITH KIPP WEST PHILADELPHIA CHARTER SCHOOL. AS A RESULT, THE SCHOOL IS PART OF THE PUBLIC SCHOOL EMPLOYEES' RETIREMENT SYSTEM (PSERS), WHICH IS A GOVERNMENTAL COST-SHARING MULTIPLE EMPLOYER DEFINED PENSION PLAN THAT PROVIDES BENEFITS TO PUBLIC SCHOOL EMPLOYEES OF THE COMMONWEALTH OF PENNSYLVANIA. UNDER GOVERNMENTAL-WIDE ACCOUNTING FOR GOVERNMENTAL ACCOUNTING STANDARDS (GASB) REPORTING, THE SCHOOL IS REQUIRED TO RECORD THEIR ALLOCATED PORTION OF THE PSERS NET PENSION LIABILITY, DEFERRED INFLOWS AND DEFERRED OUTFLOWS ON AN ANNUAL BASIS SINCE THE ADOPTION OF ACCOUNTING STANDARD GASB 68 - ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS. UNDER GASB REPORTING, THE SCHOOL IS REQUIRED TO RECORD THEIR ALLOCATED PORTION OF THE PSERS OTHER POSTEMPLOYMENT BENEFIT (OPEB) LIABILITY, DEFERRED INFLOWS AND DEFERRED OUTFLOWS ON AN ANNUAL BASIS SINCE THE ADOPTION OF ACCOUNTING STANDARD GASB 74 AND 75 - ACCOUNTING AND FINANCIAL REPORTING FOR POSTEMPLOYMENT BENEFITS OTHER THAN PENSIONS. AS A RESULT OF THE FISCAL YEAR 2021 ALLOCATIONS AND GASB JOURNAL ENTRIES REQUIRED TO BE RECORDED, THE PSERS PENSION AND OPEB ACTIVITY RESULTED IN A CREDIT FOR JUNE 30, 2021 FISCAL YEAR. FORM 990, PART XI, LINE 9: MERGER TRANSACTION AND RECORDING OF NET ASSETS (DEFICIT) FROM KIPP WEST -2,726,747. PHILADELPHIA PREPATORY CHARTER SCHOOL PART XI, LINE 9 EFFECTIVE JULY 1, 2020, KIPP WEST PHILADELPHIA PREPARATORY CHARTER SCHOOL MERGED WITH KIPP WEST PHILADELPHIA CHARTER SCHOOL. AS A RESULT OF THE MERGER, KIPP WEST RECORDED A DECREASE IN NET ASSETS CONSISTING OF $2,726,747 FROM THE MERGER OF KIPP WEST PHILADELPHIA PREPARATORY CHARTER SCHOOL. THIS CONSISTED OF CAPITAL ASSETS OF $241,914, CASH OF $1,412,531, RECEIVABLES OF $245,628, OTHER ASSETS OF $227,220, DEFERRED OUTFLOWS OF RESOURCES OF $222,394, ACCOUNTS PAYABLE OF $529,035, ACCRUED BENEFITS PAYABLE OF $191,343, CAPITAL LEASE OBLIGATIONS OF $106,915, OTHER LIABILITIES OF $687,141, NET PENSION AND OPEB LIABILITY OF $1,908,000, AND DEFERRED INFLOWS OR RESOURCES OF $1,654,000. THE INITIAL OPENING BALANCES OF THE ASSETS, DEFERRED OUTFLOWS OF RESOURCES, LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND NET POSITION WERE DETERMINED ON THE BASIS OF THE CARRYING VALUE OF KIPP WEST PHILADELPHIA PREPARATORY CHARTER SCHOOL AS OF JUNE 30, 2020. KIPP PHILADELPHIA CHARTER SCHOOL 2409 W WESTMORELAND STREET PHILADELPHIA PA 19129 050546103 SCHOOL PA 501(C)(3) LINE 2 N/A 0 KIPP DUBOIS CHARTER SCHOOL 5070 PARKSIDE AVENUE PHILADELPHIA PA 19131 474229584 SCHOOL PA 501(C)(3) LINE 2 N/A 0 KIPP NORTH PHILADELPHIA CHARTER SCHOOLS 2539 N 16TH STREET PHILADELPHIA PA 19132 824132057 SCHOOL PA 501(C)(3) LINE 2 N/A 0 KIPP ADMINISTRATIVE SERVICES CORPORATION 5070 PARKSIDE AVENUE SUITE 3500D PHILADELPHIA PA 19131 452384209 ADMINISTRATION PA 501(C)(3) LINE 7 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0